New South Wales launches firearm buyback scheme

New South Wales, Australia's most populous state, is set to introduce a firearm buyback program by the end of the year. This move makes it the first state to offer cash incentives for surrendered firearms, following a deadly terrorist attack in Bondi Beach last December.

Starting November 2, residents can receive up to A$1,000 for handing in eligible handguns, shotguns, and rifles. Australian authorities pledged comprehensive firearm law reforms after 15 people were killed in a terrorist attack during a Jewish festival in Sydney. "We want the guns handed in, the owners compensated, and the weapons safely destroyed," stated NSW Premier Chris Minns. "This initiative could see hundreds of thousands of firearms surrendered."

The state has already implemented new firearm ownership regulations, limiting individuals to a maximum of four firearms. Exceptions are made for farmers and sport shooters, who can own up to 10. The buyback scheme targets those who own firearms exceeding these new limits or no longer possess a valid license. License validity periods have also been shortened from five years to two.

The buyback program will operate in two phases. The first phase, beginning in early November, will cover specific types of handguns, shotguns, and rifles. The second phase, starting next year, will include high-value firearms costing over A$3,000, with a maximum payout of A$10,000. Businesses can receive up to A$25,000 in assistance to adapt to the new regulations, and support is also available for firearm dealers. The National Firearm Buyback Scheme is jointly funded by the NSW and federal governments.

“

We want the guns handed in, the owners compensated, and the weapons safely destroyed.